Successfully Obtained Ruling That Replacement Cost Coverage Should Be Measured by the Cost to Replace the WTC on an "As Was" Basis

October 31, 2006

SR Int’l Bus. Co. Ltd. v. World Trade Center Props. LLC, No. 01-9291

Successfully obtained ruling that replacement cost coverage should be measured by the cost to replace the WTC on an “as was” basis and does not include the cost to make the rebuilt structure safe, modern, and politically palatable.

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